Autumn Statement 22: A close look at what advisers must watch for

All eyes on crucial tax issues advisers will need to wade through

Hope William-Smith
clock • 7 min read

Clients’ tax situations and retirement plans are poised to become ever more complex for advisers with chancellor Jeremy Hunt expected to move the dial in several key areas today (17 November) in a bid to claw back money for the government.

Hunt will deliver the Autumn Statement later this morning - his first as chancellor and the first under new prime minister Rishi Sunak. The fraught economic situation this year has been matched only by political instability within the UK, the fused situations promising a strict and tax-happy plan from Hunt against the backdrop of 41-year high inflation levels. While getting national finances back on a long-term sound footing "is critical at a UK national level", Aegon notes people saving for retirement "also need the chancellor's continued support". Tax increases are clear on Hunt'...

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